In April the fund was down -1.98%. We had positive performance from our holdings in Greece and South Korea, whilst the main detractor was China.
During the turbulent April, the PCGA Strategy returned -0.10% compared to the benchmark Bloomberg Global Aggregate Corporate Index which returned +0.36%.
In our latest roundup of the key developments in financial markets and economies, we discuss the implications of the recent credit rating downgrade of the United States from AAA .
Escalating geopolitical tensions and the implementation of tariffs from the US on imports from China, Canada and Mexico weighed on financial markets last month.
Each month, the Invesco SteelPath team provides an update and insight on the most recent midstream industry happenings. Each monthly commentary provides: market performance update, recent news, and...
Our two Systematic High Quality US Corporate Bond strategies continued to add value in the first quarter of 2025 after strong performance in 2024.
EM local currency bonds had the best monthly return of 2025 in April. The weak US dollar was a factor, although this weighed on returns for EUR-based investors.
Investment Research
Stocks: U.S. Indices Found Their Footing In The Lead-Up To The Tariff Announcement On Short Covering, But Pulled Back Sharply After; Important To Put The Pullback In Proper Context; Tariff Announce...
Copyright © 2025 Markets Recon. All Rights Reserved.
